iShares Short-Term National Muni Bond ETF Sees Notable Inflow This Week

Looking today at week-over-week changes in shares outstanding among various ETFs, one notable example is the iShares Short-Term National Muni Bond ETF (Symbol: SUB). This ETF has seen an inflow of approximately $237.1 million, marking a 2.6% rise in outstanding units—from 85,600,000 to 87,850,000.

The chart below illustrates SUB’s one-year price performance relative to its 200-day moving average:

Examining the chart, SUB reached a low point of $103.97 per share in its 52-week range, while the high was $106.30. The most recent trade price stands at $105.45. Analyzing the recent share price against the 200-day moving average can provide further insights into technical trends.

Exchange-traded funds (ETFs) function similarly to stocks; however, investors buy and sell ‘units’ instead of ‘shares.’ These ‘units’ can be exchanged like stocks but can also be created or destroyed based on investor demand. Each week, we track the changes in shares outstanding to pinpoint ETFs that are experiencing significant inflows (often resulting in the creation of new units) or outflows (often involving the destruction of old units). The creation of units necessitates purchasing the underlying holdings of the ETF, while the destruction implies selling those holdings. Consequently, substantial flows can also influence the individual components held within the ETFs.

For more details on which nine other ETFs experienced notable inflows, click here.

Additional Information:

• Institutional Holders of CALI
• STERIS DMA
• FOMX Videos

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